Trove helps Nigerian savers to invest in global stocks. Download Trove today!
Download Trove today! This app manages the entire process of conversion, custody, and trading in a neat package, whether you’re holding Naira and cloning Tesla stock or want to split between US stock and Nigerian bond.
Invest fractionally, start with any amount.
Forget the myth that investing requires deep pockets. You can buy fractional shares Nigeria starting from $1 on Trove. This means you don’t have to wait to save thousands to own a piece of Apple, Amazon, or Microsoft. The platform supports over 10,000 instruments including stocks, bonds and ETFs on U.S. and Nigerian exchanges which you can use on your phone.
Deposits can be done via bank transfer, card or payment gateways Paystack and Flutterwave. When you make a transaction, your Naira will convert to USD in the app, and your assets are with a custodian registered with the SEC. Set up automated investing Nigeria to plan your purchases on a weekly or monthly basis and build your portfolio over time without having to think about it constantly.
Courses teach beginners about the basics of risk, diversification and the market so you don’t take off blind.
The catch? Customer support replies are slow, and withdrawal processing takes longer than anticipated. Many users are discontent with KYC verification process, which takes a long time. There are complaints about blank charts and wrong prices during busy market hours.
Real-time charts for 10,000+ instruments.
The stream of the real-time stock quotes along with live charts and technical summaries on the app. Use advanced charting tools to follow your picks worldwide, check their performance and identify trends. The data feed includes not only blue-chip behemoths, but also niche ETFs, giving retail investors the same visibility as the pros.
The trading interface stumbles in key moments, though. People are upset that they cannot enter the price they want to buy at and have the app calculate how many shares to buy. Certain stocks have limited availability and the UI freezes or displays stale data at high-volume trading times.
Move money fast: Vault, Cards, P2P.
Trove Vault keeps your money all together and lets you split your money between investing, spending and sending to friends. The secure investment app now includes Trove Cards, a Virtual Mastercard that turns your balance into spending power for bills and purchases no need to withdraw everything just to pay rent.
The process of depositing is seamless, but the process of withdrawing is not. There are no charges for withdrawing Naira but USD transfers to an offshore account will incur charges that will reduce returns. The Nigerian investment platform works well when money is coming in but does not work well to take the money out.
5 Quick Setup Tips.
- Make sure you link your BVN early; KYC takes a few days, so submit documents immediately after download.
- Begin with Naira deposits at the card or bank transfer to avoid sourcing dollars
- Set up automatic purchases every week of a small amount to lessen volatility.
- Read before trading! Mistakes can be expensive and as costly as educational resources.
- Taking out USD should be part of your plans; you save on Naira exit fees.
Trove offers worldwide access to the market and sought-after spending flexibility which competition companies cannot provide. However, sluggish assistance and withdrawal friction prevent smooth execution.
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